[ad_1] Om Mehra, Technical Analyst at SAMCO Securities anticipates a possible trend reversal. (AI image) Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in red in trade on Wednesday. While BSE Sensex went below 75,600, Nifty50 was near 22,800. At 9:17 AM, BSE Sensex was trading at 75,621.95, down 345 points…
[ad_1] NEW DELHI: The unemployment rate among those in the 15 years and above age group in urban areas held steady at 6.4% compared to the previous quarter but on an annual basis it dipped a tad, the results of the Periodic Labour Force Survey (PLFS) showed on Tuesday.The PLFS for the Oct-Dec 2024 quarter…
[ad_1] MUMBAI: Tata Group, India’s largest conglomerate, is set to expand its presence in healthcare through a Rs 500-crore contribution to Breach Candy Hospital, a move that will bring the elite 275-bed multi-speciality SoBo hospital within its ambit of influence.The funding will position the $165-bn Tata Group as the hospital’s largest financial backer, enabling it…
[ad_1] MUMBAI: Anil Agarwal-controlled Vedanta has secured approval from creditors holding 83% of its debt value for its planned demerger, surpassing the minimum requirement of 75% support. This significant milestone paves the way for Agarwal to divide the mining conglomerate into at least five different businesses and address the debt situation. The restructuring will enable…
[ad_1] NEW DELHI: With India and the US preparing to start negotiations for a bilateral trade agreement, commerce and industry minister Piyush Goyal on Tuesday said the two countries can offer concessions and duty reductions, as their economies complement each other.During the recent visit of Prime Minister Narendra Modi to Washington, India and the US…
[ad_1] The market capitalisation of BSE listed firms slipped below Rs 400 lakh crore mark on Tuesday after continuous foreign fund outflows and lower than expected corporate earnings dampened investor sentiments.Equity markets ended the day with modest losses, blue chip indices like Sensex and Nifty-50, reflected slight declines amid ongoing volatility in global and domestic…
[ad_1] NEW DELHI: India and Qatar on Tuesday agreed to set a target to double bilateral trade to $28 billion over the next five years, marking an elevation of their ties to a strategic partnership, following talks between Prime Minister Narendra Modi and Amir Sheikh Tamim Bin Hamad Al-Thani. During their high level meeting, the…
[ad_1] MUMBAI: The Centre is considering raising the insurance cover for bank deposits from the current limit of Rs 5 lakh, a senior finance ministry said on Monday.Three days after the New India Co-operative Bank was placed under moratorium by the RBI for irregularities, department of financial services secretary M Nagaraju said a proposal for…
[ad_1] MUMBAI: B2B e-commerce startup Udaan has raised a fresh $75 million in funding led by existing investor M&G at a flat valuation of $1.8 billion, co-founder & CEO Vaibhav Gupta told employees in a townhall on Monday, sources said. The company is also in advanced discussions to raise another $25 million from investors. The…
[ad_1] Top stocks to buy (AI image) Stock market recommendations: According to Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, IndusInd Bank and Cipla are the top stocks to buy today:IndusInd Bank – Buy in the range between 1060 & 1040; Stoploss: 1013; Target 1150IndusInd Bank has taken support at 40…
